Fitaihi Announces the Deposit Date of the Sale Proceeds of Share Fractions Resulted from the Reduction of the Company’s Capital in the Accounts of the Eligible Shareholders
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| Element List | Explanation |
|---|---|
| Action Type | Decrease |
| Introduction | In reference to the announcement of Fitaihi Holding Group on 06/09/2021 regarding the enforcement of the resolution to reduce the Company’s capital, Fitaihi Holding Group announces that the sale of share fractions resulted from the reduction of the Company’s capital has been completed and the sale proceeds will be deposited in the accounts of the eligible shareholders. |
| Fractional Shares Selling End Date | 2021-09-09 Corresponding to 1443-02-02 |
| Number of Sold Shares | 2738 |
| Fractional Shares Sales Revenue | 161,025.20 SAR |
| Average Selling Price per share | 58.81 SAR |
| Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors | 2021-09-28 Corresponding to 1443-02-21 |
| Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue | In case of difficulty in receiving the sale proceeds of the share fractions, you can visit the Customer Service at any branch of Riyad Bank to receive the sale proceeds of the share fractions in cash, or contact Riyad Bank using the following phone numbers: 8001222444 – 920001816, or contact the Department of CG. and Investor Relations of the Company on 012-2604200, or send an e-mail to sh@fitaihi.com.sa |
| Additional Information | The Company requires its valued shareholders to update their data to link their bank account numbers to their investment portfolios to ensure that the sale proceeds of the share fractions are deposited into their accounts with the banks on the day of distribution. |
